Major Features of the 2006 California Budget
On June 27, 2006, the Legislature passed the 2006-07 Budget Bill along with implementing legislation (see Appendix 1 for a list of these “trailer bills”). The Governor signed the budget on June 30, after using his line item veto authority to reduce appropriations by $112 million ($62 million General Fund). The budget package authorizes total spending of $127.9 billion, of which $101.3 billion is from the General Fund and $26.6 billion is from special funds. Figure 1 shows the distribution of General Fund spending by major program area.t. In this report,major features of the budget package are highlighted.
